Family Protection Benefit definition

Family Protection Benefit means the benefit payments defined in Section 7 of this Plan.
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Examples of Family Protection Benefit in a sentence

  • The benefits are not payable in the following circumstances:Life Cover Benefit, Term Cover Benefit and Family Protection Benefit and School Fees Protector Benefit• Death from suicide within 13 months from the commencement date, date of increase or the last reinstatement date of the benefit.

  • In the event that the Nominee dies after retirement and did not elect a lump-sum, the amount of the Family Protection Benefit shall be equal to one-half of the Nominee's Retirement Benefits under this Plan.

  • A Family Protection Benefit shall become payable upon the event that the Nominee dies in the active service of the Company or after retirement and leaves a surviving Spouse or Dependent.

  • Family Protection Benefit payments shall be paid in full to the surviving Spouse or divided equally amongst those Dependents who have not reached their 18th birthdays in the event that there is no Spouse.

  • In the event that the Nominee dies prior to retirement and before having 25 years of service or satisfying the age and service requirements for early or normal retirement under the Company's Regular Retirement Plan, the amount of the Family Protection Benefit shall be equal to the full benefit calculated in accordance with Section 5 that would have been payable if the Nominee had been deemed to have satisfied the eligibility requirements under this Plan as of the date of death.

  • In the event that the Nominee dies prior to retirement but after having 25 years of service or satisfying the age and service requirements for early or normal retirement under the Company's Regular Retirement Plan, the amount of the Family Protection Benefit shall be equal to one-half of the benefit calculated in accordance with Section 5 that would have been payable if the Nominee had been deemed to have satisfied the eligibility requirements under this Plan as of the date of death.

  • You expressly agree that the burden of determining whether any Member Data is protected as a copyright, trademark, trade secret, or other proprietary right rests solely with you, and you shall be solely liable for any damage resulting from any infringement of copyrights, trademarks, trade secrets, or other proprietary rights, or any other harm resulting from your submission of such Member Data to the Platform and via the Service.

Related to Family Protection Benefit

  • housing benefit means housing benefit under Part 7 of the SSCBA;

  • superannuation benefit means any payment, other than a refund of contributions, made to a dentist by virtue of the application of the (a) National Health Service Pension Scheme Regulations 1995; or (b) the National Health Service Superannuation Scheme (Scotland) Regulations 1995 or (c) the corresponding provisions of the law in force in Northern Ireland; as a result of his providing general dental services;

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Termination Benefit means the benefit set forth in Article 7.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Medicare benefit means the Medicare benefit payable within the meaning of Part II of the Health Insurance Act 1973 with respect to a professional service.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • CIC Protection Period means the two-year period beginning on the date of a Change in Control and ending on the day before the second annual anniversary of the date of the Change in Control.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • SERP Benefit means the benefit described in Section 5.1.

  • Disability retirement for plan 1 members, means the period

  • Bereavement Pay Benefits means the benefits as set out in Article II hereof.

  • Family child care home means a private home in which 1 but fewer than 7 minor children are received for care and supervision for compensation for periods of less than 24 hours a day, unattended by a parent or legal guardian, except children related to an adult member of the household by blood, marriage, or adoption. Family child care home includes a home in which care is given to an unrelated minor child for more than 4 weeks during a calendar year. A family child care home does not include an individual providing babysitting services for another individual. As used in this subparagraph, "providing babysitting services" means caring for a child on behalf of the child's parent or guardian if the annual compensation for providing those services does not equal or exceed $600.00 or an amount that would according to the internal revenue code of 1986 obligate the child's parent or guardian to provide a form 1099-MISC to the individual for compensation paid during the calendar year for those services.

  • Change in Control Protection Period means the period commencing on the date a Change in Control occurs and ending on the first anniversary of such date.

  • Continuing care retirement community means a residential

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Actuarial equivalent means a benefit of equal value when

  • Disability Benefit means the benefit set forth in Article 8.